Alico Other Current Assets vs Net Debt Analysis
ALCO Stock | USD 27.28 0.01 0.04% |
Alico financial indicator trend analysis is way more than just evaluating Alico Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alico Inc is a good investment. Please check the relationship between Alico Other Current Assets and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alico Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Other Current Assets vs Net Debt
Other Current Assets vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alico Inc Other Current Assets account and Net Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Alico's Other Current Assets and Net Debt is 0.79. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of Alico Inc, assuming nothing else is changed. The correlation between historical values of Alico's Other Current Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Alico Inc are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Other Current Assets i.e., Alico's Other Current Assets and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from Alico's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alico Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alico Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Alico's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 18th of May 2024, Enterprise Value Multiple is likely to grow to 30.51, while Selling General Administrative is likely to drop about 7.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.3M | 4.9M | 5.6M | 4.5M | Depreciation And Amortization | 15.3M | 15.5M | 17.8M | 18.7M |
Alico fundamental ratios Correlations
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Alico Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Alico fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 423.9M | 433.2M | 409.3M | 428.4M | 492.6M | 517.2M | |
Short Long Term Debt Total | 150.0M | 125.3M | 110.9M | 128.7M | 148.0M | 75.3M | |
Other Current Liab | 1.4M | 875K | (25.5M) | 825K | 742.5K | 705.4K | |
Total Current Liabilities | 21.2M | 22.3M | 16.5M | 15.1M | 17.3M | 12.8M | |
Total Stockholder Equity | 216.3M | 242.2M | 243.7M | 245.0M | 281.7M | 295.8M | |
Property Plant And Equipment Net | 350.1M | 373.2M | 372.5M | 361.8M | 416.1M | 436.9M | |
Net Debt | 146.9M | 124.4M | 110.0M | 127.6M | 146.8M | 154.1M | |
Retained Earnings | 219.0M | 243.7M | 243.5M | 243.8M | 280.4M | 294.4M | |
Cash | 3.2M | 886K | 865K | 1.1M | 1.2M | 1.2M | |
Non Current Assets Total | 372.0M | 378.3M | 377.6M | 369.5M | 425.0M | 446.2M | |
Non Currrent Assets Other | 19.7M | 2.8M | (32.7M) | 5.5M | 4.9M | 5.7M | |
Cash And Short Term Investments | 3.2M | 886K | 865K | 1.1M | 1.2M | 1.2M | |
Net Receivables | 5.1M | 9.3M | 1.4M | 1.9M | 1.7M | 1.6M | |
Common Stock Shares Outstanding | 7.5M | 7.5M | 7.6M | 7.6M | 8.7M | 8.1M | |
Liabilities And Stockholders Equity | 423.9M | 433.2M | 409.3M | 428.4M | 492.6M | 517.2M | |
Non Current Liabilities Total | 181.0M | 163.3M | 143.9M | 162.9M | 187.3M | 196.7M | |
Inventory | 40.9M | 43.4M | 27.7M | 52.5M | 60.4M | 63.4M | |
Other Stockholder Equity | (11.1M) | (9.9M) | (8.2M) | (7.2M) | (8.3M) | (7.9M) | |
Total Liab | 202.2M | 185.6M | 160.4M | 178.0M | 204.7M | 105.4M | |
Property Plant And Equipment Gross | 350.8M | 500.3M | 508.5M | 506.0M | 581.9M | 611.0M | |
Total Current Assets | 51.9M | 54.9M | 31.6M | 58.8M | 67.6M | 61.3M | |
Short Term Debt | 9.1M | 4.3M | 3.0M | 2.6M | 3.0M | 3.7M | |
Other Current Assets | 1.4M | 1.2M | 1.6M | 1.7M | 1.5M | 2.1M | |
Accounts Payable | 3.5M | 7.3M | 3.4M | 6.3M | 7.3M | 7.6M | |
Current Deferred Revenue | 7.1M | 9.9M | 35.6M | 5.4M | 6.2M | 6.9M | |
Other Liab | 32.3M | 39.7M | 42.3M | 35.6M | 41.0M | 25.3M | |
Other Assets | 7.5M | 19.0M | 2.8M | 2.2M | 1.9M | 1.8M | |
Long Term Debt | 140.9M | 121.0M | 107.8M | 126.1M | 145.1M | 106.5M | |
Property Plant Equipment | 345.6M | 350.1M | 373.2M | 372.5M | 428.4M | 221.1M | |
Treasury Stock | (31.9M) | (30.8M) | (29.9M) | (27.9M) | (25.2M) | (23.9M) | |
Net Tangible Assets | 192.1M | 214.1M | 240.0M | 241.5M | 277.7M | 192.5M | |
Noncontrolling Interest In Consolidated Entity | 5.1M | 5.4M | 5.4M | 5.1M | 5.9M | 3.2M | |
Retained Earnings Total Equity | 198.0M | 219.0M | 243.7M | 243.5M | 280.0M | 167.7M | |
Long Term Debt Total | 158.1M | 140.9M | 121.0M | 107.8M | 124.0M | 140.6M | |
Capital Surpluse | 19.8M | 19.7M | 20.0M | 19.8M | 22.8M | 18.5M |
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Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alico Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Alico Inc information on this page should be used as a complementary analysis to other Alico's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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Is Alico's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alico. If investors know Alico will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alico listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.352 | Dividend Share 0.2 | Earnings Share 5.24 | Revenue Per Share 5.262 | Quarterly Revenue Growth (0.15) |
The market value of Alico Inc is measured differently than its book value, which is the value of Alico that is recorded on the company's balance sheet. Investors also form their own opinion of Alico's value that differs from its market value or its book value, called intrinsic value, which is Alico's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alico's market value can be influenced by many factors that don't directly affect Alico's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alico's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alico is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alico's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.